Students cancel your pool parties and unbook your hotel reservations, registration fees in 2014 will dig deep into your pockets.
Students returning to Wits next year will have to make an upfront payment of R 9 340 before they register in January. Should students fail to make this payment they will be denied access to the university. On the last day of March the total tuition fee must be paid. For res students the situation becomes more expensive. These students will be expected to pay 20% of their total residence fees and a further 40% of their total residence fees by the end of March. The remaining 60% must be paid by the end of July.
[pullquote]Wits next year will have to make an upfront payment of R 9 340 before they register in January[/pullquote]SRC President, Shafee Verachia said the registration fees were exorbitant and that the SRC was not happy with the current amount. “The amount is ridiculously high and we are not happy at all. We encourage students who cannot afford this fee to apply for the upfront payment plan,” he said. A payment plan introduced by the 2011/2012 SRC is one of the ways the SRC has tried to lessen the burden on students who are unable to afford the fees.
According to the university, “students who are academically deserving but financially needy” will be given an opportunity to apply for a payment plan that will allow students to pay only 50% of the compulsory registration fee. Verachia said the plan reduced the pressure on working class families and made it easier for students to return to school in the financially stressful month of January.
According to Verachia international students will be expected to pay an upfront payment of 70% of their total tution fees. The remaining 30% can be paid in installments. Students are advised to collect an application form for the payment plan from the Financial Aid and Scholarships Office before the end of November. The payment plan is not connected to the NSAFS and students who do not qualify for NSAFS will still be considered.